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Shiba Inu exchange reserves spike 600%, hitting 80 trillion tokens amid sell-off fears.

Market News
24 Jun 2026
UToday
View Source
Bearish
pluang ai news

Shiba Inu (SHIB) exchange reserves surged by 600% to 80.5 trillion tokens as large holders moved assets back to exchanges, signaling a shift from long-term holding to selling. This sudden inflow caused SHIB's price to drop to around $0.0000044, reflecting increased selling pressure and investor caution. The spike in reserves and price decline suggest a bearish outlook, with holders likely locking in profits or hedging against further market drops, potentially leading to a prolonged period of price weakness.

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